Louis Dreyfus Company to Begin Operating New Glycerin Refinery in Q4 2015

CLAYPOOL, Ind., August 18th, 2015 – Louis Dreyfus Company announced today that it is adding a glycerin refinery to its soybean crushing and biodiesel plant in Claypool, Indiana, with construction expected to be complete by the end of the year. The new refinery will be the second largest in the US producing USP-grade Kosher refined glycerin, with a capacity of 80 million pounds per year.

“The refinery in Claypool is being built with the best technology available,” said Tommy Malone, Louis Dreyfus Company’ head of North America. “We expect our plant to produce the highest-quality refined glycerin, meeting the needs of our growing customer network.”

Louis Dreyfus Company has been marketing crude glycerin, a co-product of the biodiesel process at Claypool, since the facility began operations in 2007. The addition of the refinery should allow the plant to process up to 100% of its crude glycerin production into USP-grade Kosher refined glycerin.

Located approximately 100 miles southeast of Chicago, the Claypool facility is on the Norfolk Southern Rail Road and will have the capability to load refined glycerin into trucks as well as tanker railcars. Louis Dreyfus Company has also leased specialized, lined tank cars to ship refined glycerin to customers, and built additional onsite storage capacity to support refinery operations.

“The refinery further strengthens our investment in the Claypool plant, and provides high quality employment opportunities in agricultural processing for Kosciusko County,” Malone continued. “Refined glycerin is present in a variety of industries worldwide, including personal care, pharmaceuticals, food manufacturing, healthcare, automotive, chemical and textiles. New applications for refined glycerin continue to be discovered, giving rise to a strong and growing glycerin market in the US, and we are prepared to meet these increasing demands.”

The Group anticipates commencing production of refined glycerin at the end of 2015. Parties interested in learning more about the refinery can contact Erin Maxwell, Glycerin Marketing Manager, at 203-761-2327.

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About Louis Dreyfus Company

Louis Dreyfus Company is a global merchandizer of commodities and processor of agricultural goods, operating a significant network of assets around the world. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Oilseeds, Grains, Rice, Feed, Freight, Finance, Coffee, Cotton, Sugar, Juice, Dairy, Fertilizers & Inputs and Metals. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of commodities. Structured as a matrix organization of 6 geographical regions and 13 platforms, Louis Dreyfus Company is active in over 100 countries and employs more than 22 000 people globally at peak season.

In North America we are present at every step of the value chain, with the exception of farming. Our portfolio includes 6 processing assets for grains, oilseeds, juice and sugar; 3 packaging assets for juice and sugar; 6 grains and oilseeds export facilities; 10 interior elevators in Western Canada; and 16 cotton warehouses.